In U.S. federal campaign finance, what is the common term for a nonconnected political committee that raises contributions and makes expenditures to influence elections?
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Political Action Committee (PAC)
PACs are organizations that pool campaign contributions from members and donate those funds to support or oppose candidates, ballot initiatives, or legislation. While traditional PACs have strict contribution limits, the 2010 Citizens United ruling led to the rise of 'Super PACs,' which can raise unlimited sums from corporations and unions for independent expenditures.
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- What acronym is used in the US for private organizations that raise funds to influence legislation or elections?